From Gary Lycan, comment in the Orange County (CA) Register
Nationwide, Citadel reportedly fired more than 140 people. Citadel CEO Farid Suleman was heavily criticized for the way he is running the company. One columnist, Jerry Del Colliano, said Suleman should be fired and wrote what others were only thinking:
"(He presided) over a company that is virtually worthless to its shareholders. Over $10 a share a year or so ago and $1.10 a share when it closed (March 1). Farid has presided over the destruction of the once proud and profitable ABC radio stations and network.
"He lusted after them like a true dealmaker with eyes larger than his stomach, but in the end his actions or inactions ran ABC into the ground, too. Cutbacks may be the magic of bean counters but they are not what success is made of for operators.
"In sports, when you lose, they fire the manager. In radio, when you lose, they fire the team. To borrow some Donald Trump imagery, 'Farid, you're fired!' "
